Assignment1

docx

School

Stevens Institute Of Technology *

*We aren’t endorsed by this school

Course

MIS 730

Subject

Information Systems

Date

Apr 3, 2024

Type

docx

Pages

2

Uploaded by HighnessSheep4221

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Assignment-1 a. Managers want to know by next week whether deployment will take place. Therefore, analysts meet to discuss how useful and accurate their model is. Answer: Evaluation Phase Explanation – a. One or more models have been produced during the modeling step. Before we utilize these models in the field, their efficacy and quality must be assessed. b. Ascertain if the model actually accomplishes the goals that were established for it during Phase 1. c. Determine whether a significant aspect of the study or business problem has not received enough attention. d. At last, make a choice about how to apply the data mining findings. b. The data mining project manager meets with the data warehousing manager to discuss how the data will be collected. Answer: Data Understanding Phase a Explanation – a. Gather the data first. b. After that, acquaint yourself with the data and draw some first conclusions by doing exploratory data analysis. c. Assess the data's quality. d. Lastly, if wanted, choose intriguing subsets that might have useful patterns in them. c. The data mining consultant meets with the vice president for marketing, who says that he would like to move forward with customer relationship management. Answer: Business Understanding Phase Explanation – a. Initially, precisely state the goals and specifications of the project in terms of the business or research unit as a whole. b. After that, convert these objectives and limitations into a description of a data mining task. c. Lastly, draft a rough plan of action to accomplish these goals. d. The data mining project manager meets with the production line supervisor to discuss implementation of changes and improvements . Answer: Modeling Phase Explanation – a. Choose and use the right modeling strategies.
b. Adjust model parameters to maximize outcomes. c. It's common to use multiple approaches to solve a single data mining challenge. d. It could be necessary to go back and revisit the data preparation stage in order to adjust the data's format to meet the demands of a certain data mining method. e. The analysts meet to discuss whether the neural network or decision tree models should be applied . Answer: Modeling Phase Explanation – a. Select and apply appropriate modeling techniques. b. Calibrate model settings to optimize results. c. Often, several different techniques may be applied for the same data mining problem. d. May require looping back to data preparation phase, in order to bring the form of the data into line with the specific requirements of a particular data mining technique.
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